KWS to Expand Research Activities
Innovative plant research and breeding are vital prerequisites for a sustainable increase in global agriculture productivity. KWS therefore expands its research capacities in Germany while also building up a new research facility in the USA.† †
In the current fiscal year 2013/2014, KWS spends about EUR 160 million for research and breeding in order to meet the globally increasing requirements of a sustainable agriculture. In addition, about EUR 9 million will be spent until the next business year for a new building at the company headquarters in Einbeck (Germany), plus about EUR 5 million for a new research facility in the Bio-Research†&†Development Growth Park† (BRDG Park) in St. Louis (USA).
“With our research centers in Germany and in the US, we will be able to develop products for the global markets at two of the world’s prime locations for plant research. These two research facilities will complement each other’s work in an ideal way,” explains Lťon Broers, KWS Member of the Executive Board responsible for research.
Located in the BRDG Park, in the middle of a cluster of universities, institutes and start-ups, the planned new facility is scheduled to strengthen the position of KWS in global plant research, offering proximity to one of the key markets. This will be supported by the existing facilities in the BRDG Park as well as by an excellent infrastructure and a top-quality science platform.
KWS is one of the world's leading plant breeding companies. More than 4,400 employees in 70 countries generated net sales of over €1.1 billion in the fiscal year 2012/13. For more than 150 years KWS has been managed as a family oriented and independent company. Main areas of its work are the breeding of varieties and the production and sale of seed for corn, sugar beet, cereals, potatoes, oil-seed rape and sunflower. 13 percent of its annual sales is invested in research and development. KWS uses state-of-the-art plant breeding methods and technologies to continuously improve yields and resistances to diseases, pests and abiotic stress. Further information on KWS is available online at http://www.kws.com/
About BRDG Park
Bio-Research & Development Growth (BRDG) Park at the Danforth Plant Science Center helps life sciences companies’ bridge research, resources and relationships to achieve commercial success. In addition to providing world-class wet laboratories, office space and a prominent incubator, BRDG Park’s location on the Danforth Center’s campus facilitates access to the intellectual capital of top scientists, as well as to greenhouse, growth chambers, microscopy and proteomics facilities and other vital resources. Located in suburban St. Louis County, Missouri, BRDG Park is being developed by Wexford Science +Technology LLC, a BioMed Realty Company, a development company led by a seasoned team of real estate, finance and engineering expert specializing in major university facilities and science research parks nationwide. Further information is available at www.BRDG-Park.com
Head of Investor Relations
KWS SAAT AG